Politician Profile Page
Public Enterprises
Eskom Inquiry: Tshediso Matona & Erica Johnson
7 Nov 2017
Documents handed out: Mr Tshediso Matona statement [awaited]
The Committee heard evidence from former Eskom executives, Mr Tshediso Matona, former Eskom CEO, and Ms Erica Johnson, former Group Executive for Enterprise Development.
Mr Matona joined Eskom after serving as Director General at Trade and Industry and Department Public Enterprises as a ...
Constitutional Review Committee
2016 public submissions: legal opinions
2 Nov 2017
Documents handed out: List of eight legal opinions [awaited]
This sitting of the Joint Committee on Constitutional Review met to hear legal opinion on public submissions received in 2016. Five Parliamentary Legal Advisers presented their opinions on eight individual submissions, with two submissions not heard because the relevant legal officers were ...
Public Enterprises
Corporate governance in Eskom – How Optimum coal mine was purchased
1 Nov 2017
Mr Piers Marsden appeared as witness. Mr Marsden and Mr Petrus van den Steen were appointed as business rescue practitioners on the 4 August 2015 for Optimum Coal Holdings (OCH), as well as Optimum Coal Mine (OCM).
Before and during the business rescue process, unsolicited approaches to purchase OCM were ...
Public Enterprises
Corporate governance in Eskom - Trillian
31 Oct 2017
The Committee continued its inquiry into the mismanagement of funds in State Owned Enterprises (SOEs). Ms Mosilo Mothepu appeared as a witness. She worked at Regiments Capital from 2007 to 2010 in the Advisory Division, and then was reappointed as a Principal at Regiments Capital on 15 June 2015. She ...
Public Enterprises
Eskom Inquiry: Pension Fund hearing about Molefe R30 million payout
20 Oct 2017
The Eskom Pension and Provident Fund (EPPF) Chairperson and CEO appeared at the Eskom Inquiry to answer questions about the pension payout of the former Eskom CEO, Mr Brian Molefe.
The Chairperson said that the Committee needed to understand the circumstances under which the pension payment of Mr Brian Molefe ...
Public Enterprises
Corporate Governance at Eskom; “Who is who in the Zoo”
18 Oct 2017
The Committee was briefed by the former CEO of Eskom, Mr Brian Dames, and Mr Ted Blom, Energy Analyst and Energy Head at the Organisation Undoing Tax Abuse (OUTA), who was also a former Eskom employee.
Mr Dames commended the Committee for the inquiry but said that it was too ...
Finance Standing Committee
Health Promotion Levy; Transformation of the Financial Sector Committee Report; Venda Pension matter
4 Oct 2017
The Joint Standing Committee on Finance and Trade and Industry deliberated on stakeholder responses to the interim Transformation of the Financial Sector Report.
The Chairperson gave an overview of the transformation discourse. Participants in the hearings preceding release of the interim Transformation of the Financial Sector Report were more polarised ...
Finance Standing Committee
KPMG & Deloitte investigations: IRBA progress report; JSE transformation; National Treasury Annual Report, with Auditor-General input; with Deputy Minister
3 Oct 2017
Annual Reports 2016/17
The Independent Regulatory Board of Auditors (IRBA) reported on progress on the KPMG investigations. On June 30 2017, IRBA announced that it would launch an investigation into the 2014 KPMG audit of Linkway Trading. Investigating letters were issued to respondents on the same date and an ...
Finance Standing Committee
Insurance Bill: deliberations
12 Sep 2017
The Committee met with Treasury and the Financial Services Board for further deliberations on the Insurance Bill. The Bill was built on the Twin Peaks model of financial regulation envisaged in the Financial Sector Regulation Act (FSRA) in respect of prudential supervision. It provided a consolidated legal framework for the ...
Finance Standing Committee
Tax Administration Laws & Taxation Laws Amendment Draft Bills: public hearings
29 Aug 2017
The Committee held public hearings on the Tax Administration Laws Amendment Bill (TALAB) and the Tax Laws Amendment Bill (TLAB).
PricewaterhouseCoopers’ four main areas of concerns on the tax proposals were: repeal of foreign employment exemption, tax relief of bargaining councils, share buybacks and dividend stripping, and extending the application ...